November 1, 2007
Tennessee - In a series of evening receptions taking place throughout Tennessee, Edsouth recently recognized the 2007-2008 recipients of the Edscholar scholarship. Edscholar is a scholarship program, sponsored by Edsouth, designed to recognize and reward outstanding students seeking higher education in Tennessee. The receptions, which were held in West, Middle, and East Tennessee, honored the respective students for their achievements in ceremonies featuring guest speakers such as former Knox County Executive and current Edscholar Program Director Tommy Schumpert and Knox County Mayor Mike Ragsdale, as well as current Edscholar students.
Recipients of the award are selected by individual colleges and universities based upon a set of criteria that considers academic achievement, leadership, community service, and financial need. The Edscholar program has awarded approximately $13.5 million since 2003 to offset the educational costs of over 700 students at fifty-nine two-year and four-year institutions in Tennessee. Edscholars receive a renewable academic scholarship of up to $7,000 annually, contingent upon maintaining the academic criteria established by each school. According to Schumpert, "the Edscholar program is a way to transform promising young Tennesseans into the leaders of their generation."
Edsouth's mission is to expand student access to higher education by increasing awareness of college, career, and financial aid opportunities. In addition to the Edscholar scholarship program, Edsouth's Student Outreach Services division also achieves this mission by supporting the Tennessee College and Career Planning System, conducting college-planning and financial aid seminars throughout the state, and managing the college-planning website, eCampusTours.com.
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Headquartered in Knoxville, TN, Edsouth is one of the nation's largest providers of education loans. Offering low-cost student loan and benefit programs nationwide, Edsouth has helped over a million students and families realize their dreams of higher education since 1988.
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